- Binance, the world’s largest cryptocurrency exchange, has announced the addition of three new meme coins under its “Seed Tag” category, emphasizing high-risk tokens.
- On September 16, Binance revealed that it would list Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE) on its platform at 13:00 UTC today.
- Binance specified that deposits for Neiro on the Ethereum network, Turbo on Ethereum and Solana networks, and Baby Doge Coin on BNB Smart Chain and Ethereum networks have already commenced. Withdrawals will start at 13:00 UTC tomorrow.
Binance expands its cryptocurrency offerings with the addition of Neiro, Turbo, and Baby Doge Coin under its Seed Tag category, providing investors with new trading opportunities.
Binance Introduces New Meme Coins
Binance has augmented its cryptocurrency offerings by announcing the listing of three meme coins—Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE). These coins have been categorized under the exchange’s “Seed Tag” label, which identifies assets with higher risk and volatility. By including these coins, Binance is catering to the growing interest in meme coins while also emphasizing the associated risks.
Deposit and Withdrawal Schedule
According to Binance, deposits for these coins have already started. Neiro can be deposited using the Ethereum network, Turbo through both the Ethereum and Solana networks, and Baby Doge Coin via the BNB Smart Chain and Ethereum networks. Withdrawal services for these coins are set to commence at 13:00 UTC tomorrow, ensuring that traders have ample time to prepare for the new additions.
Trading Pairs and Market Performance
The listing will enable trading pairs such as NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT, providing investors with flexible trading options. Market performance data indicates notable interest; CoinGecko reports reveal that Turbo and Neiro experienced approximately 10% gains following the announcement. On the other hand, Baby Doge Coin commanded the spotlight with an impressive 52% price increase and a trading volume of $46 million within 24 hours.
Conclusion
With the introduction of Neiro, Turbo, and Baby Doge Coin, Binance continues to diversify its cryptocurrency portfolio. While these high-risk, high-volatility meme coins provide attractive opportunities, investors should be cautious. The “Seed Tag” label serves as a reminder of the potential risks involved. As always, conducting thorough research and maintaining a balanced investment strategy are crucial.